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colleague from connecticut, rosa delauro, has introduced that bill year after year. you said that the federal government can borrow money, 10-year notes, even 15-year notes, somewhere around 1.5%, maybe toward 2%. if we were to borrow that, put it into an infrastructure bank and then loan money to infrastructure projects that have a cash flow, sanitation facility, water facility, toll bridges and numerous other kinds of infrastructure, which is desperately needed, we could have a financing system that over time would actually make money for the federal government. could borrow at 1.5%, loan at 1.75%, have a margin there, the money would flow back in. you'd get that revolving. the president has actually proposed this in his american jobs act. he's picked this up during his debate, the fiscal cliff negotiations, put it back on the table. we ought to be doing that. in doing so we will create tens of thousands, indeed hundreds of thousands of american jobs. american jobs. and if we couple that with buy american so that the equipment, the steel, the concrete, the other ingredients
a more peaceful holiday for those families in connecticut. that's still ahead on "the fox report." [ both ] people loved our wedding slide show. that is the end... of carousel one. ...of carousel one. there's carousel two! all right! [ male announcer ] when you combine creamy velveeta with zesty rotel tomatoes and green chiles, you'll get a bowl of queso that makes even this get-together better. neural speeds increasing to 4g lte. brain upgrading to a quad-core processor. predictive intelligence with google now complete. introducing droid dna by htc. it's not an upgrade to your phone. it's an upgrade to yourself. >> jamie: the national rifle association again insisting that gun regulation also not make children any safer. the organization broke silence about massacre at a school in newtown connecticut that left 26 women and children dead. executive blaming violence on influences including video games, music videos, movies and even the media even suggesting that armed officers be in every school in america by next month. critics ripped his comments. but over the weekend he made it clear he
to -- leaving at least 88 dead. the tragedy in connecticut is described as indescribable. 16 of the mass shootings this year, including one in georgia at a korean health spa back in february. it goes through other incidents. jackson, tenn., at a nightclub. a high school in rural ohio. a psychiatric hospital in pittsburgh, pennsylvania. it goes on from there. we are talking about preventing shootings. is there a role for the government or society? what do you think? republican line, silver lake. caller, hello, c-span. -- caller: hello, c-span. it has to do with a lot of things. it sounds like this man at 20, he did not have a strong father figure in his life, which should have. there is so much of that going on in this country today. host: what does that mean for you, paul? caller: i have three boys. i have taken my son's hunting and we have been shooting firearms since they were seven. they have never regretted it or had any trouble. they are raised operate. i have a strong connection with my children. i hope that they do with their children as well. you have got an incident down there t
? gregg: new information about the man behind the horrific newtown, connecticut massacre. what scientists may learn about the gunman and why he carried out such a monstrous act. heather: new concern of president obama's new choice for secretary of state. why republican senators are refusing to approve senator kerry. gregg: ambassador john bolton will be us to yeah. one phillips' colon health probiotic cap each day helps defend against these digestive issues with three strains of good bacteria. approved! [ female announcer ] live the regular life. phillips'. when i'm out with my kids, my daughter'like, "mom, wait up!" and i'm thinking, "shouldn't you have more energy than me? you're, like, eight!" [ male announcer ] for every 2 pounds you lose through diet and exercise alli can help you lose one more by blocking some of the fat you eat. simple. effective. advantage: mom. let's fight fat with alli. have a healthier holiday at letsfightholidayfat.com. time for citi price rewind. because your daughter really wants that pink castle thing. and you realldon't want to pay more than you have to. o
, connecticut, raising the prospect of policy changes to stem gun violence. it is monday, december 17th, 2012 and "squawk box" begins right now. >>> good morning, everyone. welcome to "squawk box" here on cnbc. i'm becky quick along with joe kernen and andrew ross sorkin. let's take a look at our lineup today. first off, bob doll will be giving us his lineup for stocks. that's coming up at 7:00 a.m. eastern time. at 8:00 eastern, a cnbc exclusive. david tepper, one of the world's top performing hedge fund managers will join us to give us some of his wisdom in a kaerc t can't-miss interview. a lot to talk about with him. in the meantime, why don't we get to some of today's top stories. we could see some movement in the fiscal cliff negotiations. house speaker boehner offering to raise the top tax rates on those making over $1 million a year as well as other measures amounting to $1 trillion in new revenue. that's in exchange for an equal amount in spending cuts. the white house has not yet accepted the proposal. >>> also, apple says it has sold more than 2 million in iphone 5s in china just o
of the precious little children who were killed in connecticut last friday. what can you say? my heartbreaks for them and their parents -- my heart breaks for them and their parents and the people of newtown. i looked at the picture of little caroline previdi, one of the 6-year-old children who died. i'm sure she was a happy child, full of life's potential, just like my own little caroline who just turned 7 a few days ago. what can you say? it's unthinkable that a person would kill innocent little children with such cravenness and violence. these children's christmas presents are still under the tree. their moms and dads are still looking at them. in this town, will we pride ourselves on rhetorical flourish , precision of thought and volume of words, what can you say? what can you do? other than stand in solidarity, in spirit with the grieving families and perhaps, just perhaps hug those that you love a little bit tighter. now, madam speaker, the sandy hook elementary school tragedy is sparking a national debate about how and why this happened and how it might have been prevented. that debat
, connecticut, 1837. c-span: what were his parents like? >> guest: his father was a very successful merchant, junius spencer morgan, who worked in hartford and then boston, and then moved to london in 1854 to become an anglo-american merchant banker. and he and pierpont, basically, were funneling european capital to the emerging american economy. i mean, we really were the emerging economy in the 19th century. he was very conservative, very upright, very much concerned to build an international banking dynasty that would rival the rothschilds and baring brothers, and he did. i mean, over the next 80 years, the morgan bank--especially in america--rothschild didn't really see what america was going to be. they had one man, august belmont, who was very good. but junius morgan staked the future on his son and on america. he was very, very supervisory and censorious and critical of his son, and determined that his son was going to be sort of an upright man with a solid-gold reputation. and pierpont was not--he was not following in the paternal footsteps early on. he was much more likely to take r
gun control. this is all in the wake, of course, of that tragedy in newtown, connecticut. vice president joe biden will be meeting with law enforcement officials today in the first step of a push to end gun violence. the nra is expected to speak out tomorrow in its first news conference since the tragedy. and abc's jake tapper joins us from the white house. with the very latest. you asked the president yesterday in the news conference, where have you been for four years on this issue to eradicate semiautomatic weapons? >> reporter: that's right. then-senator biden had written that ban into law in 1994. but it expired in 2004. the vice president will be meeting with chiefs of police who support reinstating that ban. and the president will be reaching out to lawmakers to try to come up with post-newtown solutions. president obama had promised the citizens of newtown meaningful action. and in a morning press conference, he explained what that meant. an administration focused on preventing future tragedies by focusing on mental health, culture, education, and gun control. >> the fa
. >> thank you. >>> ahead on "starting point." two weeks from the horrific shootings in newtown, connecticut. now some teachers getting on board with the idea of getting armed. dozens of people trained to shoot. the man who taught it and one of the teacher who's took it coming up. visit usps.com pay, print, and have it picked up for free. any time of year. ♪ nice sweater. thank you. ♪ thank you. we asked total strangers to watch it for us. thank you so much. i appreciate it. i'll be right back. they didn't take a dime. how much in fees does your bank take to watch your money? if your bank takes more money than a stranger, you need an ally. ally bank. your money needs an ally. ♪ ♪ i need you by my side >> 24 minutes after the hour. soul singer fontella bass has died best known for "rescue me." the song sure had legs it was rerecorded by cher, pat beena tar. and more. she died wednesday night of complications of a heart attack she suffered three weeks ago. 7 yea2 years old. >>> deteriorating security in the central african republic has forced the u.s. state department to temporarily su
to string of deadly shootings we've been covering like that one and newtown, connecticut, and aurora, colorado. a new york newspaper is facing a fierce backlash. look at this. this interactive map on the website. if you click on dots it gives you names and addresses of registered pistol permit holders. those who have guns legally, we should point out. david lee miller has the story from our new york city newsroom. hi, david lee. >> reporter: hi, jamie. all readers have to do is click on a colored dot on the interactive map published by "the journal news" and people can see names and addresses of people who have permit for the gun. the gun owner next store, what you don't know about weapons in your neighborhood. in a follow-up article the paper says, thousands of people reacted in rage. callers complained their privacy was being violated and personal safety was put at risk. the newspaper says it legally obtained the information after making freedom of information request in rock lan and westchester, two counties just outside of new york city. the paper is waiting for nearby putnam cou
sales. as you might realize, it's spurred on by the school massacre in newtown, connecticut, killed 20 children and 6 adults. murdered his mother and killed himself. speaking yesterday on "meet the press," the president says something has to fundamentally change in this country. that newtown shootings cannot feel like what he called a routine episode. >> that was the worst day of my presidency, and it's not something that i want to see repeated. >> vice president joe biden is leading a task force that will submit legislative proposals to the president in january. >>> also, happy new year, new zealand. auckland. and the start of 2013 with the fireworks display from sky tower, tallest free standing structure in the southern hemisphere. >> and as auckland rings in the new year, preparation under way in times square. heart of new york city, coming up next. >> and more from washington for you. >> my message to all of washington for the new year is to set partisanship aside, working on behalf of 100% of the voters, fix this mess you have gotten us into, bring a balanced budget and-to-grow th
, the fiscal cliff, newtown, connecticut, what happened up there, that's the gem feeling overall. jcpenney, they've had promotions walking away from it every day, low discount price story. oppenheimer noted discount racks had been cleared and the traffic seems to have improved in that store. maybe that change in their philosophy has helped them out. that's a note that was out on oppenheimer today. bottom line here, guys, is i think we are seeing some movement with some companies to deal with some of these retail sales issues. you'll see a lot of pressure on margins. david, i think you mentioned this, about what was going on with inflows and outflows from equity mutual funds. it's true we're continuing to get outflows from equity mutual funds. that's certainly been disappointing. we had it going through up until last week. the end of last week, it was reported the first outflows from treasuries. more specifically, from general bond funds. that's the first time we've seen this in a very, very long time. all right, it was a very small number, something on the order of $1 billion or something
being up. all of a sudden then, we had the impacts of sandy, a tragedy up in newtown, connecticut, and just a lot of other factors that just put a damper on the season. >> so, it is fair to say that it started better than it ended now. >> it started better than it ended. there was a lot of excitement around black friday. i mean it was almost like the super bowl. they have all this advertising, drag people out, it's the biggest event of the year come shopping, and then week after that we had the pro bowl. there was no excitement. there was no reason to come out shopping. so big bang, but it kind of waned as we went into the season. >> how much of the season is in the books now? i mean, what's still left to happen? >> there's a couple of big days still coming. i think this weekend is a big weekend as people redeem gift cards, go into the stores, exchange items for what they're looking for. hopefully get that add-on sale and people start to take advantage of the clearance sale, i would say, though, 95% of it is in the books. we've probably got some strong days ahead of us, though, th
. bring the umbrella, anywhere around the tri-state area, southern connecticut, long island, or they're in new jersey. it's kind of isolated, though, much of new england will be dry. and you're pretty dry around the d.c. area this morning. temperatures already warming up. look at pittsburgh, it's 54. how hot will it get? it's hot this time of the year, 73 in washington, d.c., record heat is possible, new york city could get into the mid-60s and new england after a chilly start. we're going to warm up to the mid to upper 50s. probably one of the warmest days we should see till the spring. middle of the country, a few showers this morning around st. louis and down through the ozarks. it's just warm temperatures that got everyone's attention, even the southeast today in the 70s, texas in the 70s and another rainstorm for the west coast. and by the way, this is it for the east coast, tomorrow's cold front goes through, slightly cooler, but it won't be cold. no cold air in sight, no snowstorms in sight all the way through the upcoming weekend, incredible, that'll take us into the middle o
this kind of damage. >> i the weekend showed that in new jersey, connecticut, and other areas where we use the flood insurance map programs and homes or elevated, many of them had a minimal damage and were able to be read occupied one power that came back. -- homes not elevated were often destroyed. city-wide mitigation may be more effective strategy. i would also caution about going underground. everything in manhattan was underground including hospitals and emergency room that were flooded by salt water and destroyed. where does it make sense to talk about this on a homeowner basis? where is this talk that we will have to look at mitigating a part of a community that piece by piece will not address the overall impacts. we are going to work with gail glass and state and with the science community. -- with the scientists and the state and with the science community. once you get into a dense urban area, the solution will not work. we have to focus on that type of infrastructure and the best way to mitigate future damage. >> thank you. >> thank you very much. in your area when katrina hit,
in with the news of a massacre of innocent children in newtown, connecticut, followed by the loss of our wonderful colleague, senator danny inouye so i will leave this extraordinary institution and experience with a heavy heart for those who have been lost just in the last few days. i do want to thank the people of texas for asking me to represent them in washington. i want to thank the many people who have served on my staff for almost 20 years. i have to say i am touched that both benches on both sides of this room are filled with my staff members who have been so hardworking and so loyal and have produced so much in 20 years for our state and nation, and i thank them. i do want to thank my colleagues and all the people who work here -- senators, but also those who work behind the scenes to make our lives as good as they can be with the hard hours that we all have. those who keep our buildings safe and clean, who work in the libraries, the shops, the cafeterias, and who guide tens of thousands of tourists through our nation's beautiful capitol each year. i want to thank my husband ray and our tw
, the hurricane sandy, the track dpi in connecticut, people had a lot on their minds this season. this weekend was a key weekend. i think it helped. i didn't see promotions being extra promotional. but it's a push till the end. >> okay, so winners and losers? >> i think some of the winners, i think you're going to see companies like tjx, macy's. i think american eagle outfitters, even gap had a very good season, along with michael kors. >> losers? >> i think you had a tough time at jcpenney. i think the traffic was tough there all the time. i think kohl's had to be extra promotional in order to be able to drive the sales. and the whole children's sector was very promotional. from gymboree to children's place. >> so, dana, jason trennert from strat eegous. how are you doing? >> good, how are you, jason? >> good. normally retail stocks outperform in january, because i think that phenomenon that andrew was talking about is that there's a general sense that christmas gifts canceled at a certain point and then it comes back at the end and then you wind up having a big january and the stocks tend to
is the ticker on this of course, troubles surrounding the newtown, connecticut, shooting a lot of sellers on that stock during that period of time, today, issuing another $15 billion, expand its buy back program which it just announced with its fiscal second quarter results, announced 20 million share -- $20 million worth of buy backs and expand that to 15. nice gain on the shares. >> >> a big winner for the year. look at that chart. >> all handgunmakers, talking about this before, how ironic you can the obama administration was seen strict irbefore the elections and hand brought forward the dematte manned that might have been in the future, people wanted to bite hand guns. >> always the case. any time the debate over gun control flares up. >> does the framework of the "wall street journal" piece tell us anything new about best buy, sears? >> for sears, we have seen them cut costs, cut costs, sears and the kmart stores. it seems that this year the reckoning, the kmart operation, people have lost track of that if you send people inside kmart today, i think you basically find a relatively h
. it is critical to remember that the new york-new jersey region, including connecticut, accounts for over 10% of the gdp of the country, well in excess of $1 trillion. protecting that and the tax revenues to the federal, state, and local governments that that economy generates is critical. that wealth-creating sector was basically shut down for days and in some cases by weeks by the storm appeared building to the standards in effect the day before the storm would peak in possible but also cost ineffective. rebuilding a system at the hoboken caissons would be impossible to do. last week research suggested their return from mitigation spending, especially with respect to flooding, is a national return of 5 to 1, a 14% return. given that these are long-lived transportation infrastructure assets, the return to the local, state, and federal governments of mitigation spending will be substantial, but will also protect this huge part of the nation's economy. >> senator, at the risk of repeating what has been say, i think, clearly, that mitigation is critical. we cannot just rebuild what was there,
Search Results 0 to 18 of about 19